Oportun Named One of SF Bay Area's Best Places to Work

REDWOOD CITY, CA--(Marketwired - Apr 24, 2015) - Oportun today announced that it was named one of the "Best Places to Work" in the Bay Area by the San Francisco Business Times and Silicon Valley Business Journal. Oportun, formerly known as Progreso Financiero, is a mission-driven financial services company that uses advanced data analytics to provide responsible, credit-building loans to Hispanics with little or no credit history. The annual "Best Places to Work" list ranks employers based on the results of an employee survey.

"We are thrilled to be recognized as one of the best places to work in the San Francisco Bay Area," said Oportun CEO Raul Vazquez. "As a mission-driven organization that has a positive social impact in the communities we serve, we are equally focused on having a positive impact on our employees' lives and careers."

Oportun was recently named to Forbes' list of America's Most Promising Companies, and Vice President of Retail, Luz Urrutia, was recently named a Woman of Influence by the Silicon Valley Business Journal. Since its founding, Oportun has loaned more than $1.5 billion to more than 500,000 customers.

For more information about Oportun, including the name change, please visit http://www.oportun.com.

About Oportun

Oportun is a mission-driven, financial services company that uses advanced data analytics to provide responsible credit to thin or no file Hispanics in underserved communities. Oportun's technology determines every applicant's ability to repay and enables back-office efficiency. The company delivers a very supportive and welcoming service experience with bilingual staff across channels and operates more than 140 locations in CA, IL and TX. In early 2015 the company announced plans to transition its name over the year from Progreso Financiero to Oportun.